Atlanta Georgian and news. (Atlanta, Ga.) 1907-1912, August 07, 1907, Image 11

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Iuitial Prices Were at (Jains—Declined on Dull ness Later. KO RAINS IN TEXAS Shorts Are Timid and the Public Is Doing Little. largo professional short interest and th. Absence of min In. Texas. Conmilslson ho!i«os were buyers and with a demand from shorts sustained the market after the cull- The Liverpool market was encouraging Wednesday morning. In that It refused to follow fully the decline of Tuesday in fu tures in the American markets. The close wn* steady 2®3 points lower. The following Is the range In tho active months in Liverpool today: Open. High. January-Fobruary ....6.67$ 6.61 March-April 6.68 6.62 August-Sept.... <.80 Low. U,!«»lK»r-N'ovember.... 6.62 6.66 Spots were In increased demand, spinners taking 10.000 r ■ - - niiddnnjr 7.80. New York opened n few points higher in response to the better Liverpool ndvices. mid after Increasing the advance slightly, prices began to uf and a greater part the early advance was lost hy midday. The close was steady net 3 points lower to 5 points higher, as compared with Tues- end JlecelpS .. Shipments dosing. weekly Interior movement: i§oT No unparlHoiis for 1906. 6.951 71.064 15oT 10.686 99.537 . ... Vcdnesdny, August 7. Same day Inst year Decrease Total receipts for four days Same days last year Deer 4.344 . 2.758 . 5.866 . 17,50f . 11.641 .9.823.259 mat 7,830.094 Thaw ... 1 1,993.165 Estimated receipts Wednesday: 1907. 1906. New Orleans 25 to 75 52 Houston 1 to 100 641 SPOT COTTON MARKF.T. Liverpool, easier; ndddling-7.3 Atlanta, quiet; ndddllpir 12$, New York, quiet; middling 13 New Orleans, steady: ndddtin, Augusta, quiet: “ Smutiuali. firm. Memphis, stand. Galveston. Stem' Wilmington. nomlnnl Norfolk, quiet; middling usft. St. I.otils. quiet; middling 13$. Halttmore. iiouilunl: middling 13$. Itoston. quiet' middling 18.3). I'lilladelphltr. quiet; middling 13.48. Mobile, steady: middling 12$. Houston, quiet; middling 13c. Cincinnati, nominal. TODAY'*. FORT RKCe7pT8. *1 The following tablo shows receipt! at tbe Special to The (Georgian. (From Hayward, Vick & Clark.) New York, Aug. 7.-J. 8. Hache ’& Co. ; Liverpool was due 5$ to 6 lower on old and 5$ to i points lower on new crops. Opened nulot st 5 points decline. At 12:15 p. in., dull but sternly, 5 points net dccltue. Snot cotton in more demniul at 6 points lower middling. 7.30; sales 10,000. Aurerictiu 8.800, speculation and export, 1,600; receipts, 3,000: Aiuericau, 2,600. Liverpool comes little lietter than due. auoed, Mnuy are coining to the that conditions overnight could change thw outlook for the better In Texas, and in view of the execlUnit crop outlook in Ala bnum, Mississippi and Georgia, eottou at present prices is r quiet marker. They are feellug their mur here this morning, but If tho forecast, which la for continued hot and dry today aud tomorrow, proves right cotton is surely going higher. Following are 11 a. in. bids: August 11.48, September 11.69, October 12.03, January 13.21 The market wants to advance, and the situation will remain bullish until Texns gets good rains, but the trading continues narrow and prevents any material fluctua tions, as the shorts don’t want to sell any more and the puldie is still doing little. -It is rumored that the Price pool will Issue notices against 25.000 to 30.000 hales on Friday and well posted men estimate that subtracting these tenders and those of yes terday from the pool's original holdings will still leave them in control of over lu), 000 I Miles. Very bullish wires are * being received from Texas from reliable sources that the heaviness iu Wnll street ts holding the mar ket down. Look to see it much Higher lie fore tills time tomorrow if forecast proven correct, and n sharp advance this afternoon not improbable. New Orleans, Aug. 7.—Ilaywnrd, Vick & Clark: Cotton should go higher today, but can not give positive advice, ns there la strong bear manipulation in New York on > disturbance in the financial world — by the judgment against Htnndanl Oil Company. Cotton facts are nil bullish. Weather map generally fair. Texas mid Arkansas report uo ralu. Generally cloudy central and eastern states. (4<mm| showers in Atlnutlcs. Very high temperatures In western cotton belt. Trading timid owing to finacinl news from New York. Would buy it on furthe set-backs, llelieve financial Scare ouly n “A large plnutei ipectlon of Waller , -Jys he finds uplands dying badly and even half-grown bof * county’s crop iph . . _ _ (la have imu Bottom lands all shed off and stopped growing. One-half of jast year’s yield would days. vmm -imu vi inrti j vi»« n inu ™ 'film i big estimate. Will all be open in thirty Total, •Tweuty new bales. INTERIOR RECEIPT8. The following table shows receipts In tbs interior today, compared with the same day last year; CONDITION IS HEALTHY IN COTTON YARN MARKET. New York Commercial: Among the Bell ing agents In this city it is stated thnt conditions in the cotton yum- market are benithy. although there Is not ns free _ movement on us was current dlrlng the early days of July. It Is said that buyers an* covered for their requirements up to the opening months of this winter mid hove no pressing need to place orders further ahead, uulesa some concession is granted ties ns they hare been at nuy. time during recent months. On a few grades of cotton •sms mills having machinery thnt will lie after October are reported ns having quiet and It Is not ex- _.jve freely for some day a September, according w some reportj. Prices are maintained on a basis of yi$c for Sbuthern frame peeler cones in 8s and running up to 42e for 40s. Print Cloths Opfen Firm.* On reported sales that aggregntedi more than 200,000 pieces for the week Just past la summer. No of- ■oriiigs .nre made of standards at less than >*4c and on 28-inch 64x60s 5c prevails for spot aud curly delivery. Wide standards are now called for hy all classes of con sumers and the snot, price stands at 7$c. Extendvc forward contracts on standards and 39-incb 68x72 at ns high as 8$c for de livery after January are reported. Saloons and twills are also In strong demand for forward delivery through dTils year and Into the early mouths of next year a’ prices set -by the seller. Tobacco cloths are completely sold up for any delivery before October by the large operators. WEDNESDAY’. AUGUST 7, IP*. J1 Hr. Llvely’a tweuty*flvs years* experience of ed iting markets In Atlanta and the Sontb has mads him a recognised au thority In hit specialty. TIPS FLASHED From Wall Street RANGE OF NEW YORK STOCKS AND COTTON MARKETS. NAME OP STOCK* Amui. Copper. . . , . Am. Ice Securities. •. Am. Sugar Ueflnery. . American Smelting... Am. Locomotive. • • . do. preferred. . .. American Car F. ... American Cotton Oil.. Anaconda. ...... Atchison. . do. preferred. . , . Atlantic C. Lino. . . . Brooklyn Hapld T. . . Baltimore & Ohio. . . Chesapeake & Ohio. . Canadian Pacific. . .. Chicago A Alton, • . . Consolidated Gas. . . Colorado Fuel & Iron. Corn Produce. .... Colorado Southern. • Delaware*A Hudson. . Denver A Illo Grande. Distillers' Securities. . Erie do, preferred. . . . General Electric. . . . Great' Western Great Northern pfd. .. , Illinois Central. ... Interboro. ....... „ dp. preferred. . . . Kansas & Texas. . . . 10% tm NAME OP STOCK. Raima* a Texas pfd. . Louisville A Nashville. Missouri Lucille . . . Mexican Central . . . New York Central . . , IVuusylvaula . . . • , Pacific Mail . . * . , People's Uas Co. . . , Pressed Steel Car. • , Bending Bock Island ...... do. preferred . . , Kepub. Iron ft Steel . do. pref. • Southern Pacific. • . , Southern Railway. . . do. preferred . . . fit Pant Teun. Coil and Iron . Texas Pacific . . . . . Union Pacific . . • • . U. S. Rubber do preferred • • ? t). K Steel do preferred . . • . Western Union • • • . Wabash do preferred M 87V* 18$ Sft liiii M 'M •pedal to The Georgian. (From. Hayward, Vick & Clark.) Now York, Ang. 7.r-London pvarkot for Americans Qrm.‘ St.^Pnnl and Union Pa cific both l per cent higher. Katy common up %, balance of list shows fair advances. Consols off $d. . The Harrlnisii lines report business about the mss as last year* but inflow that of a few-weeks ago. \ Missouri Pacific continues to show large gross increases. Considering r 'selling throughout the psst two 25 the heavy X w . ,1,1 vb llu. a Mni M •Rx-dividend 1# por' cent. Total stock sales 1.Q87.3M slinroaT" NEW YOKE. , The following fa the range in cotton fn* tores In New York today: Closed steady. LIVERPOOL. Following l» the epenltts rtuice, 2 p. m. •nil clow, curapnred with yesterday: Future, opened f««T. . Openlii* - I-roTtou, Iluuge. 2 p. in. Close, Close. Align,t 02 -6.8174 0 93 '*• " ~ Ang.-Hept;.. 6.80 -6.79VS 6-81 Kept.-Oct.... H.6G1A-B.CT fl.CT Oct.-NOV... 6.62 Nor.-Dec.... 6.68 I>ec..Jjn.... 6.6714-6.58 Jnn.-Fel fl.67H-6.66 roll.-Mur.... 6.6‘ NEW ORLEANS. The following fs the range Id cottoo fo- tnres In New Orleans today; m Aug.. , Sept.. Nov.. , Dec.. . Jau.. . Feb.. . March. Closed steady. a 55 75 l£S 12.42 III 12.55112.66112.55 12.75 1175 12.76 12.75 ~ 12.41 12.44112.IU 12.37 12,28 12.38 12.28 12.39112.2512.31 12.45 12.32 12.38 12.75 1117: 12.70 12.6! 12.37-38 12.8: 12.72 12.68-69 12.33-36] 1128-29 12.82-33112.27-28 12.38-aal 12.36-36 12.43-45112.39-42 12.49-50| 12.46-47 NOTES ON GRAIN. Pointers on Provision!. The Chicago Evening Post: E. YV. Den nis says: "The corn crop does not look right in a large area of its produetion. It Is late, spotted and uneven, and the weath er is freaky aud likely to give us a bud Kansas City wired: “One elevator con cern with sixty bouses bought only four cars on Saturday night's bids. Large sales of flour for export last week by our mills. One good sale to Finland.” The,. London Statist says world*! wheat crop is 436,000,009 bushels short of last year’s. The Loudon Statist should lie haul- ed for sentence liefore Judge La mils. Following Is a synopsis of the Missouri crop report: “Missouri August report makes corn condition 83, July 77, year ago 83, October 90, and cron 233,000,009. Crop late, but with ordinary rail will have time to flpen. Wheat crop nearly 30,000,000 bush, els. same ns last month. Yield, last yeor 15$ bushels and crop bushels.” WHEAT SYMPATHIZED WITH STOCK SLUMP Opened a Fraction Better, But Was Decidedly Weak Later. WEATHER REPORT. WEATHER CONDSTION& itiff. 1—Wheat wn, mak, cloy- jp lower. Coen was easy nt -c lower for Sentemlier. Oats ruled firm, tlien weak and finally strong. frPtmbM; from 42$044$c, closing at 43$c. I rovlslon* Chirac lug »t . were alow and easy. i^uiwj4>mo>» “ Vnfthwestern crop advices noted general • nrre iJJSSKSr,:* ft -niW wheat promises and » 26,000,000 fhj J wpnt he r ii>nt!nti«f favorable. Kxceptlng n.„i ililmils. cleat skies laxoreu ■■■■ Italns Sundny ... _... North'Dakota. Weather flno today. Early wheat being cut. Harvest of barley and oats general. Looks today ns if wo are su of a fnlr-slxed crop of good quality of whei ami n large crop of barley. ’ YV. Nnoi ' _ ATLANTA MARKETS. HAYWARD, VICK A CLARK'S DAILY COTTON LETTER. New Orleans, Aug. 7.—YVentber map and official records this morning show no ralu ^ speak of In the western belt. Temper- ' “ ‘ sreUftii for continued fair w go and chock to gro> ttds dry spell Is coming In from , \ "tuts in Texns. Our market opened nlmut 4 points higher. The feeling was lu favor "f cotton and dls|K>sltlon was to buy on do- ■ i joint Ion of the crop In Texas, tatlon to net was clearly In evidence ns n r«:*ult of financial news from the metrnpo ll*. Speculation In the South Is still under the moral ban of tho years of financial rfdotu; and ovary time New Y’ork sounds - alarm in stocks and predicts financial ukness, the 8outh Is timid. In spite of long step toward emancipation started In 1899. The. lie.tr faction In cotton lu York relies principally at present on 'he pcsdlctlon of .a smash inmnelsl troubles following H'cently rendered figalmt th to prevent an advance in cotton to get be- ' nd means and control. After advancing 11 ** October fell back to 1137 on the tl.. v-..— >...1 stocks and Judgment lending trust. to 12.45. dHappolii timidity peraturet are setting hlg '•lit east of MlMtssTppt continue very satisracto , minting behavior of New Y’ork nnd ^^^Ity here. New York reports that the '•car leader controls about 100,000 notice*, «tid can use them against the market. Of- n- lal records show an average temperature “f 98 for T*xa* and the territories. Tern* ■figggOMM " : high also Id the delta. Dpi weather conditions fictory. Good showers " a dally occurrence, and crop prospects i l ist now be very good. Weather condt ] 'its favor the continuance of the dry spell 111 Hie western belt. The market Is qule», I •••pie being afraid of the bear organisation 'he New Y’ork market, and wnltlng to near letter financial news. Y’et, as long as this set-lmck to Texts crop prospects bv drought is on, there can hardly !>e much • impression In cotton. Yew York, Ang. 7.-41. riees opened firm und< Raehe A Co.: er the Influence of Although N*‘\v York, Atij r rl '-**s opened' nPMRHIPVMMPi | ‘>'he r cables from IJverpool. Aithougl t'"*re luis been very quiet trading and tho P'i riutlons confined to narrow Imiits. prices •dive held comnarstlvely firm. The far pioatlis ruled higher at the opimlng Ilv 51(6 Dints and advanced further to. 12.08 for ^tolwr, 12.1# for December and 12.26 for I January. The early ndrances were reconl- e«l on tne weather forecasts in Texas, which still continues unfavorable. Hot, dry con ditions, with no rains In sight. Liter prices eased off slowly and a dragging, quiet mar- ket followed. The market does not dis play much activity, and. while the Texas 'situation does not Improve, the activity of the hear clique keeps prices from advancing, i YY’e look for a quiet market nnd for lower prices, for the unexpected may happen, and rnlnt in Texas overnight will bring about declines of 50 points or mot*. j . now wires from southern Minne sota that tho >rop of oats Is vsnr poor. Badly mated and breaking down, with very Light yield. Ohio report says no corn condition given, but reports «ny July was very favorable and condition has greatly Improved. Where wheat tins lieen thrashed the yield and quality are satisfactory but rains In some sections have damaged it in shock. Total world's shipments of breadstuff* during the ln«t week 8,032,009 fiushels, against 8.304.000 bushels Inst week nnd 8.649;- 000 bushels the same lime last year. Quan tity of breadstuffs shipped for orders in eluded In the nlwrtre 500.090 bushels, com pand with 1,104,000 bushels Inst week nnd 1,016,000 bushels a year Hgo. Total wheat taken by continental countries the. Inst week 2.248,000 bushels, against 3.448,000 bush els Inst week nnd 2,464,000 bushels a year ago. An nfflelnl Hungarian report plat.» crop of wheat at fl8.490.009 bushels, ngnlnst a yield last year of 207,300,000 bushels. , Re ports of a private nature sholr n yield rllghtly alsive these figures. The prospects for com have improved. Broomhsll cables thnt the .veatber in the United Kingdom FRUIT AND PRODUCE* EOG8—Active, 20c. . LIVE FOULTBY-r .hickens (frits), 12$| 30c each: puddle, 25c t 12$c per bound. DRESSED l’OULTRY—’Turkeys, drawn, active, 18 cents pound; fries, active. 22$c pound; hens, 15c per pound; ducks, drawn, fancy, 15c pound. PRODUCE—l*ord. lie pound; bnms^Sc' five 16c pound: shoulders active ltyllf ...... .... . - .. pound: sides active, 11c pound; butter aulli has improved, hut I* itUI unseasonabl I0<912$c pound; beeswax active, 25c pound; market " hooey, bright, active, 10c pouud; honey lo tlenh 1-pound blocks active, 12$c pound. rBUITS—Lemons, fancy Messenn, 86: b* nnnns, ^$ lb.; pineapples. Florida stork, none; lliues, Florida stock, per hundred, 81; peanuts In sacks averaging 100 pounds each, owing to grade, r*r pound, 6$4?8c; cantaloupes, alow sale, 75c crate; watermet oiih, 12$ft20c each; Georgia iwaches, 81-25® 1.75 crate; rhubarb, 78c* each VEGETABLE#—Potatoes, rel; per bushel, ll.J0fn.35. ' _ .. gin, $1.60 per IniHhel: Spanish, 81.50 crate; kraut, half barrel, 83,76; cabbage 2$c pound. QROCERIF.d. RICE—Jap B(f8$c; bend CfifTc; fancy head l$®7. according to the grads. CHEESE—Fancy •full cream, 17 cents; Georgia enne syrup 37 cents gallon; salt, 100-pound. 80c: axle greats 81.75: soda crack ers, 6$c pound: lemon, 8c: oyster. 7c; bar ret candy, P«r pound. 6Y4c; mixed. p«i pound. 6$c: tomatoes. 2 potiD«l, B.0J mm; l-pound, 8i»: navy l»eans. 82.40: Lima brans Cc: best matches, per grots. $1.66; macaroni, pound: sardines, mostanl, (3.X css-. BiTOAR—Standard granulated. 6$; New Y’ork refined. 4.90; plantation, 6c. COFFEE—boasted Arbuekles $16; bulk Is bars and barrels Ue; ireen^ll012c. Shredded blscu!t 15 case; No 2 rolled oats 82 ?5 esse: sack grits, SO-pound bags, $L38; SJtenT. fall weight $2 esse; light iraighj 81.10 esse; pepuhr, 18c lb.; baking powder $S cose; red salmon, 85 ease; pink salmon. $4,25 esse; cocoa. 49c; chocolate, S3; snuff, 1-lb. & rs. 48c; rosst beef. 82.60 case, corned beef. 60 cise: catsup, Jl.lo case; sirup. New Or- leans. 35c gallon; corn. 20c gallon; Cubs PROVISIONS. PROVISIONS—hYipreme bams lS$e. beilles 5he25 pound* average. 9.92$; fat hack*. 8.25; Supreme lard, 10. Turjty comnound, S%; DECLINE DID NOT INDICATE A NEW TENDENCY TO COTTON. New Orleans, Aug. 7.—The Tlmes-Demo- crat: “Bulls lqflloved hears were hard pressed nud forced to resort to heroic measures, and pointed to the Issuance of August notices In volume at New York as warrant for the Infllef. Nor was there lack of logic ln % tho bullish attitude, the strength of the spot situation, the willingness of spot buy lomi ana jninuU, ctrar rtta» tlirr.hlnjt mill Jhe movCTdMt »l wheat. These features, with heavy ra oi>lpt« mill rtliiPncH of •pw'MliiMvo outii | 'li‘ Jnfer.nl, ommed illneolimifiol 1™**** IIJOJ ilntlnn, Helmut ncwntnntal }b« wwkww*- Jletf.r exjiort liUBlueiw wn, cliilmetl uu tuo ' CHICAGO GRAIN MARKET. Chlcnffo (frnln anil jiruvliilon nnotttlon, for toilajr nro •■ follow*, compared with jeaterdny’i elo«: Open. High. Low. Close. Close. IF. AT Sept.... Dec.... May.... • OKN- Hept.... .May.... • -ATS— Sept.... 1-llliK— Sept.. 16.80 I.AHD- . Sept... ».J!H Oet... 9.-II UIIIS- Scpt... 8.60 90$ 90$ a 8774 i 8774 90$ wi 63V4 i 5J% m 6474 S 65$ §96 5r» t?i4 IIH' 1 is* 43 S 43 42 41 16.80 16.174 16.80 16.48V4 8.68H 8.5714 CHICAGO CAR LOT8. The reeetpt* of ffrnln lo ear lot, toil,} and oitlmatcd recelpta for tomorrow aro n (ollowm Wheat.. .. Corii Oats. . . . Iloga, head., Today. Tomnr. deflverod d’lirl. Ihnt the New ' Septi'mlier, and the fart ‘ “ ' id, at n u»t _o|(. i’iiitae<iiieutljr K The” dny‘, ' amnii ellne -not looked upon at hull- eatliuc a. new lendeuey. hut rather waa natnrde.1 na mi Interlude merely. Turn dny'a rotten region weather bulletin wu In the main, favorable, lint the atwenee or mol.tore where moot needed In Ten. an- elated the untlee atoppera In the North In _ f- n*ln would Another Serlou, Outbreak. Part*, Ttus. 7.—A dlapatch to the Petit Parlalan from Tangier eaye that a aertnua outbreak haa occurred at Ma lagan, a aeacoaat town a abort dla- tance aouth of Caaablanca, and that the Uvea of European! there are en dangered. It la raid that a French cruller from Caaablanca haa arrived and bombarded the porta LIVE STOCK MARKET. Chicago, Aug. 7.-!Ioga-lleoclpta SG.600. Market alow to Be lower; lluht IC.86tf6.86; miffed JS.71W.25: henry J5.3otj*.10: rough jr. xtjv 66; pie- |S.Bnfifl.ifl; yorkera l«.l3fJ6.S; gooil to cholee heavy J6<86.10. Cgttle—Recelpta 20.06(1. Market atemly; lioevea J4.6(>fi7.«l; cowa ll«et.a); helfera J8.tnfJ5.5fl; enlvea hi.TSft7.Bfl; gm.l to prime ateen JS.l»e7.«0: poor to mmllum J2.edi' atockera and feedera J^,0®S. Sheet)- Beeelpti 1«.0». Market lOe hit natlvea JS.85fi6: weamrn lh8Stf6; yeafllng, JC15C6.80: Imnlw J5.6oe7.70; western J6.8O0 100. THE sTlGAR MARKET. New York. Aug. 7—The local refined and raw atigar market ateady and unchanged. Deeta In Imn.lon unchanged; Auguat Da Oil; September Oa Olid. COTTON SEED OIL MARKET. HAYWARD, VICK & CLARK, COTTON, STOCK6, BONDS, COFFEE, GRAIN aRd PROVISIONS. Carondelet and Gravier Sts., Now Orleans. , . MEMBERSi Jew Orleaaa Cotton Exchange, New Orleggg Future Ttrokero - Annotation; New York Cotton Kvehange. New Orleana and Cbteogo Boordo of Trade, Cr.-.TKtao Cotton Exchange, New Yotk Ootfee Eiefiange, Ronaton Cotton KicCaaeJ Amoctate Meraliere Liverpool Cotton Ann. New York and Chicago Correapondentt; J. 8. BACHE & CO., AND BARTLETT, FRAZIER 4 CARRINGTON, PRIVATE WIRES TO ALL POINTS. California bama, 10c; dry aalt «tr* rib* FLOUR AND GRAIN. Fl.orm-Ulgheat patent. 6.M; heat pat- ent ».»; standard patent M.7S; half pat- eut 14 65: spring wheat patent, cbltN-Nu'j white. T!c; choice white. Sflc,' white feed, nr; No. 2 yellow. 71c; mlxea "chVcKKN rEEU-FItty-POBnd'aaeka. Me; PuJa chick feed. 12.00; Victor food. J1.S; b O AW^o* 2 V h i te.OOe; NonJ ml tel. £h- Golden OOtJ, 67cj_ white clipped. *lc; fancy W flEAl'^l’laln. l>ef 06pound aacka. 77c; 48. pound aacke. 78c; pUIn, 21-pound aacka, 8Qc; ^K'Y-xfinothy. choice large hale, IL40; do., cbolc.* small Ml**, $1.35; No. i, on#- tblril balys, 11.35: No. t oue-thlrd bale^ 826.50; No. 2 per ton, 824.00; bulls per ton, FISH. Finn—Bream 7c pound; snapper 10c pound; trout 8c poned; bitu* fish 7c pound; pomps no. 29c pound: mackerel. 12$c pound; min'd flab. 6c pound; fresh .water trout. 6c. lag quotations or the New York cotton seed oil market. Opening. Close. August 53 064$ 63$f?63< HoptymtM'r. ...... |Ht064$ November. 42$v43$ Deeeml»er 40 Jauunry 39Y4C40 Following are the eottou seed oil ... the opening nnd doMA* 10) Octol»er st 61, 100 December at 49$. 100 Jnnunry st 40. Total tales, 2490 l>nrrels. Closed sternly. NAVAL^ STORES. Special to The Georgian. Havsnnsh, Os., Ang. L—Turpentine firm fit 66; sales, 76: receipts. 754. Benin firm; *n!••.**. 3.569; receipts, window glass. $6.10f;'6.15: water-white, 06.10: M. 86.7005.96; N. 86.50; K. $5,254 wri’i-TOs B A. Jl(6«.T05. ■oath tutu Georgia: elsewhere east o? Ibo ItookleS clear wenther l« the rule.' nud Port in ml. Ore, The tenqiernture is niguer on roe norm Atlantic const nnd In the northern Rocky Mountain distrlctH, while over most of the country very little change bos occurred In The conditions st present Indicate partly •infly wentber for this section tonight d Thursday. COTTON REGION BULLETIN. STATIONS ATLANTA DlfcTBIcT. Atlanta, cloudy. . , . •C’bsttnnoogn, clear. . Columbus, clear Gainesville, dear. , . Greenville, clear. . . . ••Griffin . •Macon, cloudy Moriflcello, clear. , , Newusn, cloudy. , , . Bonie, clear Hpartsiihurg, clear.. . Tnllspoosa, dear. . . Toccos, clear. . . . YVest Point, cloudy. STOCKS IN L( ' WERE M EARL! Opened American Market Higher For Majority of Issues. TURNED WEAK LATER to au uiiusunl degn*»».' Should tho market be aide to wltliKtnud ‘the pressure as well today It would be taken us a positive Indl- cation that a turn In the tide would set in shortly aud n 'fairly good recovery ensue. The cross currents were confusing yester day, and the trading eleineut was ss much confused ns tho outside public. The course of the market today will give a clearer view as to the outcome of the In cessant movement against the railroads nud industrial corporations. Irregularity Is looked for at the opening. This In a good market for investors' to Iflck up some bargains, but a poor market for a speculator to bull unless ho has s long purse and plenty of putleuce. * ,;,eut Northern, St. Paul, Louisville, Baltimore, Copper, Smelters and Steel common ore within n very few points of last soring s lowest levels, while Atlantic Loost Line und some others are dragging on the l>ottoui for the year. There is rea son for some of these issues selling low, but the good rails, which are earning more than ever, paying larger dividends and whose future is so bright, hate suffered merely because the hears Imre taken ad vantage of the lack of outside investment demand, and playing upon the presumed destruction of confidence In corporations wmie'InslS'Sud ’ JnkTng'ln! which wars really under pressure tdday terests have stood aside, content merely to j JI2EL,*!SLiI BC **? n !w *i B '*f rboWu ^ take their own specialties on a scale il.iwu. ft*** 1 commpa both being wenk. and This bus resulted In tbe destruction of weak 5h? :> Tti?5 * S1 hull accounts nml the building up of a , , . thff flr-t hm,r 11,1 vast short luterest wnlch will likely find H . f . n, . r ^ over /* , i ut w* few stocks Available when It attempts to cash in its paper profits. The Southern railway situation will 4»e solved In a rea sonable, peaceable manner nml the really S cat cause of depression will disappear as a _ Stnndnrd <)fl case drags its weary At Midday Sharp Declines Were Shown Through- ■ 1 out the List. New York, Aug. 7.—Today’s market con tinned unsettled with the movement of priees very much mixed. The stocks which liad been weakest on the previous days conspicuous heretofore, aim ^ what is known in Wall street parlance nn •searching fur weak spots” was thu opera tion really in progress. Among the Hjx»ts which ware really under g—^— e feel confident that the iiesrs will make little further headway against the I (arrlman and Hill Issiies. St. Paul, Atchi son and Beading, whose purchase we advise on nil toft spots for handsome profits. The market today will "e feverish, should close better. Cotton will depend on the course of the weather geuerslly uiul lu Texas pnrtlcu- grains are high enough. If not too high. York Financial Bureau: Rodt r. -- in Amalgamated is rejjorted ,ir< 89. .Smelting will find its lowered support around 106. No special buying orders reported lu Brooklyn this morning nbov, -v and professionals will sell it mi all rallies. .Strong support is reported lu 8t. 1‘uul around J23-124, to which level It was reduc ed from lo0. YY’e have reasons for expci lug eneetlve support in tirest Northe.^ preferred around 125-126. Home liquidation Is reported pending In Missouri, Kurinas and Texas, whose technique Is not espe cially strong now. Atchison will meet good buying orders toward >6. It uisy be jammed to that figure. Support for Northern I’ueiflc was reported at the close, l’ennsylvsnln reduced support is noted around 118. pro- fesslonnls aro still hearing Bending, nnd may get it to 96, where some buying orders ore noted. Southern Pacific is bought on a scale, but may be Jammed dowu further before getting effective support. Hicei Is sold by professionals on rallies. Union Pa- clttc reduced support is still rioted nt 135- 138. Of course, as stated yesterday mom- '•^g. If support limits nre overcome lower •Ices nre not unlikely. which later (iereioped In other directTons made U ( liii|msslblo for these stocks to hold . -Og. 7.—1 today the mujorlty of Issues started at i__ vsnees of %-% [n Union Pacific. $ In Kt. Paul, $ In Honthern Pacific and Hmcltlng more nnd Ohio i ist $. J higher. opened son Ios( $. Northern Pacific opened 1 per i a ted gnined $ at cent higher. Amnlgnn. the outset sud (tending gala* At the end of five minutes* trading the i Jority of the list had ri*coded $ to $ i cent from the best prices. GEORGIA RAILWAY AND ELECTRIC COMPANY* Boston, Ang. 7.—Following wns the bid and asked price on Georgia Ball way nnd Electric Uompany todny: Bid 83; asked 85. Preferred, none. MINING STOCKS. O Boston, Ang. 7.—Opening: Copper Rnngo -4. . ..... 7&; AwSdtea SE Boston f*oi Market Irregular. THE LONDON STOCK MARKET. THE COFFEE MARKET. -Minimum timip<r*tur*, are for 12-bour PV. 1 "! 'tudlng «t 8 o. m. tbla Uat*. .Missing. ..jHKAYY BAINFALL8. CENTRAL STATION. Atlanta. . . , Augusta. . . . Charleston. . Galveston. . . Little llock. . Memphis. . . . Montgomery. , New Orleans.. Oklahoma. . . Savannah. . . Vicksburg. . . YY’Umlirgtm. . DISTRICT AVERAGES. Ill -H • N.w York, Aujt. 7.—In th, raot.1 mnr- I;'■ t« further w,nku,«i wu «howu In com- moilltl,.. cprelnlly In copiicr, wblrh wn. T.'Inilji-at.il Iniinpri-clnlil, rnlnrnll. -For jrut.rilnr., — Fur 24 huum rmlln, nt 8 u. m. lull: inurlillnu tl:uu. Th, t.mMMturo'arer'tiia liult hnn hwn rlslii;* sloqly for several days, and now Is above normal in ull sections. Sea tiered showers have fallen throughout tho licit, the heaviest rainfall being lu the eastern districts. YV. Y\ MARTIN. Observer Temporarily In Charge, WEATHER FORECAST. Washington, Aug. 7.-YVeatber conditions and general forecast: The pressure over the southeastern states and the adjacent ocean bus been rising dur ing the Inst twenty-four hours, nnd is now renter over that region than elsewhere i the United States. As rf result, south erly winds nud rather high temperatures prevail over the interior valleys and th* south, nnd the heated term Is advancing northward and eastward. The rainfall of Tuesday nnd last night was confined to New New York. Aug. 7.—Coffee cables: Havre nt 10 a. i.n., market steady; 13 noon unchanged; sales 6,000. Hamburg at 10 a. ui„ market $ down; lies 7,000. Bio receipts 9.000. Hso Paulo, none. Santos receipts 37,000. Kao Paulo receipts 29,900. Jtmdlnhy recelpta 29.000. March April .. May... June .. July .. Opening Bangs. CL.. ..6.70-6.80 6.70-6.75 "..5.80 ..6.85 . . .5.804.(0 ..5.10-6.00 ..6.60 6.75 ieptember Octolier 5.75 November 6.70-5.80 December .. 5.75 Closed steady. Hales 32,250 hags. 5.75-5.80 5.80- 6.85 6.80- 5.86 6.85- 5.90 5.85- 6.'" 6.90-6... 8.56-5.60 5.88-5.70 6.70- 5.75 5.70- 6.r» 6.7041.75 THE METAL MARKET. night nnd Thursday. Louisiana—Fair except showers In tbe southeast portion; light to fresh southwest erly winds on the const. Texas, Oklahoma. ludlsn Territory nnd Arkansas—Fair tonight and Thursday; light to fresh southerly winds on tbe Texas coast. Anaconda Atchison do, preferred Amalgamated Copper . Canadian Pacific .. , Erie do. preferred .. .. Illinois Central „ .. r*oiiiavllle nnd Nashville .. .. Kansas nnd Texas Now York Central Rock I HH Southern PncKle K8 Southern Hallway .. do, preferred .* , St. Paul Union Pacific United Htntcs Steel < 4%| UNION 4% SAVINGS BANK Gould Building CAPITAL STOCK . • • Sf00.000.00 RESOURCES 4/0 tS80.000.00 4°/o BANK STOCKS. Central Bank & Trust Union Savings, Lowry National. Prices on ap- \ plication. HILLYER INVESTMENT 00, Bond Oap't. Engliih-Am,rlo»n Bldg. THE AMERICAN AUDIT COMPANY Home Office, 100 Broadway, Now York City. P. W. LAPRENTZ, 0. P. A., President. C. E. Manw-aring, Vico President, Theo. Cocheu, Jr., C. P. A*, Seo, and Treaa. BRANCHES • ATLANTA—Fourth Nfit*l Bank B14» CHICAGO—Marquetto Building. PHILADELI - ’IA—Bclievue-Stratford, 8AN FT.ANCISCO—Belden Building. coasts, Illinois, Indiana. Iowa, eastern gulf coei . Missouri nnd southern Wisconsin. The wentber in tbe YVashlngton forecast Istrlct for tonight and Thursday will be iostly fair nnd warm. Scattered shower* nre probnbie In the lower lake region end the middle Atlantic states, hut general rains or showers.nre not anticipated. Forecast until 8 p. m. Thursday: Virginia: Partly cloudy; possibly showers and warmer In extreme southwest portion tonight; Thursday prolably showers; light variable winds. North Carolina: Partly cloudy; possibly showers late tonight or on Thursday; light variable winds. South Carolina. Georgia nnd Eastern Florida: Partly cloudy tonight and Thnrs day: light variable winds. Western Florida, Alabama nnd Yllssissip- pl: Partly cloudy toulght and Thursday; showers on the coast Thursday; light va riable winds. / Kent ncky—Occasional showers tonight nnd Thursday. Tennessee—Partly cloudy and showers to- NEW YORK—Waldorf-Astoria. BOSTON—Exchange Building, WASHINGTON—Colorado Building. NEW ORLEANS—Hennen Building. BALTIMORE—Fidelity Building. LONDON. ENGLAND—4 King Street Cheapslde. ATLANTA BRANCH 1015-18 Fourth National Bank Building. » 0. B. BID WELL, Resident Manager. Telephone, Main 372. Cable Address. Amdit N. Y. ALONZO RICHARDSON & CO. Public Accountants, Auditors and Back Examiners. Audio. Special Examinations, Costing and Systematizing, EMPIRE BUILDING, ATLANTA, GA. L. H. Fairchild. Established 1885. S. J.‘ Whit. L. H. FAIRCHILD & COMPANY, NEW ORLEANS. Mem btr*: S ew Cotton Eiehnof,. New York Cotree Kichamtm ,w Cotton Lichnngff, New Orlnu* Hoard of Trad,. \ew Orleans Htock Eichin-e. Chirac* Itnrrd of Trade. LIVERPOOL COT TON ASSOCIATION. Prtrste Wire* to NEW YORK sod CUi CAGO. Orders solicited for future d«U»- ol T on sboro Eictmncne u. C. COTllRAN. FRANK IIAWKINS, President n. SI. ATKINSON. Vice-President. TIJOMAS C. ERWIN. Caihler. JOSEPH A. M'COHD, Vtm-PreMd.sL R. w. UYEUS. AuKUnt Cutl«. Third National Bank Capita! - - - - $200,000.00 Surplus and Profits $400,000.00 or. a. w. cAt.noou. MILTON DABGAN. JOHN W. OB ANT. If. Y. M'COItD. FRANK HAWKINS. H M A I JvIN-'i 'N. JGSIIPII A. M'CORD, J. u. nuVnallt, J. CARROLL PAYNB,